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Microsoft Pri0

Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Matt Day.

April 20, 2006 at 5:45 PM

Amazon protects the investment, the CEO himself

Amazon.com spent $1.1 million last year protecting Jeff Bezos, according to regulatory filings.

Since 2003, the online retailer has paid roughly $3.2 million on security for its chief executive and founder, including at business facilities and for business travel. The expense showed up for the first time on the company’s annual proxy, which filed Thursday with the Securities and Exchange Commission.

Meanwhile, Bezos’s pay remained the same for the eighth year: $81,840.

As the company’s founder, Bezos owns 101.3 million shares or 24.3 percent of the company. At Thursday’s closing price, his stock was valued at $3.68 billion.

We wonder when the company will insure his trademark laugh with Lloyds of London.

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